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Obama calls for defence of international norms, Ukraine to receive aid

US President Barack Obama delivered a speech at the Palace of Fine Arts in Brussels in what some observers described as a "major speech" on EU and US relations.

That comes after reports that both are discussing imposing deeper sanctions against the Russian Federation should it carry out further incursions into Ukraine.

Obama emphasised the need to defend shared values which in the end prevail because of their innate truth, common to all, and which many generations have already defended with courage and resolve.

To that extent, he believes that Europe´s borders cannot be re-drawn by the use of force.

In parallel, reports indicate that as soon as tomorrow the International Monetary Fund may unveil a $15bn package of aid for Ukraine which is expected to begin to be disbursed as soon as next month.

Earlier in the day the US President and European leaders committed themselves to a trade deal which would allow for natural gas exports from the US to Europe, thus helping to alleviate the current dependency on Russian energy supplies.

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